Find the right stock to wheel is half the battle won in options trading. For me, I have found consistent success in wheeling SOXL and RIOT.First, you start off with cash secured puts on a red day for 1 - 2 weeks. If shares assigned to you, start selling call options on a green dayfor the same tenure. It can get boring after awhile but it makes consistent profits.[Miser]
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- RandyHall·2022-03-24I think the most important thing for investors is to find the time point for buying and selling.LikeReport
- BurnellStella·2022-03-23Can your approach provide you with a steady stream of profit?LikeReport
- PandoraHaggai·2022-03-23Haha I found out that I am not suitable for trading options at all.LikeReport
- MichaelPerez·2022-03-24Can you elaborate on how to find a good stockLikeReport
- EvanHolt·2022-03-23Looks great, I'll try this strategy next time.1Report